Eurobank is proceeding today with a new bond issue aimed at raising €500–750 million, as part of its strategy to increase its capital adequacy ratios.

According to reports, this is a senior preferred bond, with an initial interest rate of 5.25%, significantly lower than in previous issues. It will have a 7-year maturity, with the bank retaining the right to call it back after 6 years.

With this move, Eurobank will move even closer to the final target for the MREL ratio, which should increase to 27.8% in January 2026 from 24.9% at the beginning of 2024.